TROW - OHA is the Lead Left Arranger of Greenway Health's Private Unitranche Financing | Benzinga
New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as the Lead Left Arranger of a private unitranche financing for Greenway Health, a provider of electronic health record and practice management solutions to the U.S. ambulatory market. OHA committed to half of the $375 million term loan used to refinance the company's maturing syndicated first lien debt.
OHA's industry-specialist investment team model positioned it to quickly and confidently diligence the opportunity, with its speed being a meaningful factor in closing the transaction. OHA is one of the earliest investors in software credit, having deployed over $30 billion in both liquid and private financings for over 130 portfolio companies since 2004, and maintains a distinctive understanding of healthcare information technology through its historical investments and ongoing coverage of businesses similar to Greenway Health.
"This refinancing exemplifies the many benefits of direct lending: the flexibility, the speed, the certainty," said Alan Schrager, Portfolio Manager and Senior ...